S&P 500 Index Rebounds Slightly at End of Friday Session

The S&P 500 index rebounded to end Friday's session slightly higher after spending most of the day in the red.

The Dow Jones Industrial Average fell slightly, but the Nasdaq Composite and S&P 500 rose due to a crypto rally, lower oil prices, and gains for tech stocks like Micron, Sandisk, and Broadcom.

Nvidia CEO Jensen Huang predicted that the company's chip sales could double next year. In contrast, Goldman Sachs strategist Ben Snider argued that high corporate profits are not a 'bubble' about to pop, but rather a normal feature of the market.